iGaming News Page 613

Morning Brief: Mixed Fortunes
3 September 2008
While Playtech and Neteller have released upbeat first-half results sets, Betbrokers continues with its administrative demise.»
OPAP Bid on Turkey National Lottery
3 September 2008
Hellenic Organization of Football Prognostics S.A., or OPAP, a Greek lottery system operator, plans make a bid for Turkey’s national lottery, Reuters reports.»
Momentum Builds for World Poker Congress
3 September 2008
World Poker Congress has confirmed more speakers for its third annual event in Budapest on October 29-30.»
South Korean Casino Shares Dip 15%
3 September 2008
Since the South Korean government announced a proposal to double the casino tax by next year, Bloomberg reports that stock for Kangwon Land Inc., the country’s sole casino for local citizens, took a hit.»
Surge in Gaming Contributions for Detroit Congress Members
3 September 2008
Detroit News reports that gaming contributions have been pouring in for Democratic Representatives John Conyers and Carolyn Cheeks Kilpatrick.»
William Hill Corporate Director to Retire
3 September 2008
William Hill, a British bookmaker, has announced the retirement of Ian Spearing, its corporate affairs director, at the end of the year.»
New iPhone Casino Game Launches
3 September 2008

Griffin Technology has launched a casino game for the Apple's wildly popular iPhone and iPod touch called Double Bonus Slots.»

Playtech Revenue Up 85%
3 September 2008
Playtech had upbeat news for investors in its interim report, which ended June 30, 2008. Total revenues for the London-based software developer skyrocketed 85 percent from $44 million in 2007 to $81.4 million.»
Fortune Affiliates Awarded eCOGRA Affiliate Trust Seal
3 September 2008
Fortune Affiliates announced today it is the first I-gaming affiliate program to receive the “Affiliate Trust Seal” of approval from eCOGRA.»
Online Bank Extends European Reach
3 September 2008
Those looking to transfer funds seamlessly across the Continent will have more options today as Ivobank, an online banking service, will now be offered in more countries throughout Europe.»
Former Hockey Champ Signs with PokerStars
3 September 2008
Mats Sundin, the former National Hockey League star, has signed on with PokerStars, an online poker room, to play in live tournaments for charity.»
Nambling Notes | Sept. 3, 2008
3 September 2008
Ivobank expands its online-banking borders, Playtech’s interim report is in, Fortune Affiliates gets the seal of approval, and PokerStars picks up a former hockey champ.»
Fervent M&A Talk Accompanies Upbeat First Half from Playtech
3 September 2008
With abundant speculation these last months over just which businesses Playtech Ltd. will snatch up with its cornucopian war chest, it would appear the company is eying other of its affiliates for future acquisitions.»
Analysts Cautious on Crypto Subsidiary's Chinese Deal
3 September 2008
Mahjong Time, the minority-owned subsidiary of CryptoLogic Ltd., has done a deal in China to offer online, tournament-style mah-jongg across mainland Internet cafes. Given stiff competition and big marketing spend in the Chinese market, however, analysts are cautious with regard to near-term revenue gains for Crypto.»
Morning Brief: Buyout Breakdown?
2 September 2008
While buyout negotiations between Gaming VC and an unnamed third party have been dissolved for the time being, the large swing in share price is not surprising given gains witnessed in April 2008, when the Luxembourg company announced that negotiations were officially underway.»
The Betting Show Slated for Late October
2 September 2008
The Betting Show, a betting industry exhibition, has announced show dates as October 22-23 in Birmingham.»
NYX Interactive Teams Up with Trimark Gaming
2 September 2008
NYX Interactive, a Swedish online gaming software supplier, is putting into effect an earlier agreement with Trimark Gaming, a gaming services supplier and operator.»
PAF to Sponsor Spanish Football Club
2 September 2008
Ålands Penningautomatforening, or PAF, a Finland-based online casino provider, has signed an agreement with Atletico de Madrid, a Spanish football club, to become the club’s official gaming sponsor.»
WPT Canada Set for TV
2 September 2008
It’s the first Canada-specific World Poker Tour tournament, and now WPT Enterprises Inc. has announced it will be televised in a four-part series broadcasted by Rogers Sportsnet.»
Lasseters Operating Revenue Down 49%
2 September 2008
Lasseters Corporation, an Australian online sportsbook and casino operator, posted a 49 percent decline in operating revenue from $6.8 million Australian dollars in 2007 to $3.5 million Australian dollars, according to financial results for the year ended June 30, 2008.»
NordicBet Ad Sparks Controversy
2 September 2008
Gaming Intelligence Group reports that an advertisement for NordicBet, an online gaming firm, has created controversy between the Swedish Ice Hockey Association and its main sponsor Svenska Spel, a Swedish gaming company.»
Ribbon Cut on New Four Seasons Hotel Macau
2 September 2008
Last week Las Vegas Sands Corporation opened its second Cotai Strip property -- the Four Season’s Hotel Macau -- with much fanfare.»
No Withholding on Poker Tourneys
2 September 2008
The Internal Revenue Service has decided that every poker operator in the United States will have to report anyone who wins more than $5,000 in a poker tournament.»
Nambling Notes | Sept. 2, 2008
2 September 2008
Swedish supplier NYX Interactive makes a partner, Australian operator Lasseters Corporation drops 49%, PAF sponsors a Spanish football club and more.»
Weekly Nambling Notes
2 September 2008
A roundup of news briefs from the week of Aug. 25-29, 2008.»